Bioelectronics Corp (BIEL)

[Imagine48]

****FDA will take their Time*****

Even though we all would like instant approval it needs to be understood that the FDA will follow their standard process and time to hear BIEL's application for the back product. However, we can all wait for this and take a 3-6 month view as we know when approved it will lead to dramatically increased shareholder value. I say when approved as they is no doubt in my mind given the two prior approvals and long positive history in the UK that we will get this approval. At this juncture, BIEL , a very small company, getting 3+ FDA approvals is worth reflection. I am sure if you search for companies in the pain management business you will find some eye-opening market valuations.

This is the exciting element on biel if you look beyond the ups/downs over the new few years on the SP. Of course, once Braun starts ordering product that will have a very meaningful positive effect on the price , in my honest opinion.